Rigel (RIGL) EVP Santos uses shares to cover equity tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rigel Pharmaceuticals executive David A. Santos reported a routine share disposition related to tax withholding. On 02/10/2026, 3,546 shares of common stock were disposed of at $34.62 per share to satisfy tax obligations associated with equity compensation. After this transaction, he directly owned 43,440 shares of Rigel common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Santos David A
Role
EVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,546 | $34.62 | $123K |
Holdings After Transaction:
Common Stock — 43,440 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did RIGL executive David A. Santos report?
David A. Santos reported a tax-withholding disposition of 3,546 shares of Rigel Pharmaceuticals common stock. The transaction occurred on February 10, 2026, and used shares to cover tax liabilities tied to equity compensation rather than representing an open-market sale.
What does transaction code F mean in the RIGL Form 4 filing?
Transaction code F indicates a disposition of shares to pay the exercise price or tax liability by delivering securities. For RIGL, it shows that David A. Santos used 3,546 shares to satisfy taxes on an equity compensation event, not a discretionary market sale.
Is the Santos Form 4 transaction for RIGL a direct or indirect holding change?
The Form 4 shows the transaction affecting a direct ownership position in Rigel Pharmaceuticals common stock. After the tax-withholding disposition, David A. Santos directly held 43,440 shares, with no indirect ownership nature disclosed in this filing.
What is the role of David A. Santos at Rigel Pharmaceuticals (RIGL)?
David A. Santos is identified as an EVP, Chief Commercial Officer of Rigel Pharmaceuticals. His Form 4 filing reflects changes in his directly held common stock position resulting from a tax-withholding share disposition tied to his equity compensation.